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Property in Dubai is a major investment arena for investors worldwide. The investment pours in not only from commercial companies but also from individuals abroad. In the last five years, the real estate sector has seen a marked boost in investments.
Sep 13, 2011 19:57:36
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Dubai Real Estate Information 1.0 Aside from being a developed area,Dubai has been rated by Interpol as one of the safest countries to live in. In addition,Dubai is strategically located in the middle of Europe,Africa,Asia and the rest of the Middle East.
Dubai Property Investment Information 1.0 If you are looking for home financing options in Dubai, most developers offer finance packages. However, Tamweel is certainly one of the best options. Tamweel offer a wide range of products for you to choose from.
Description: Property in Dubai is a major investment arena for investors worldwide. The investment pours in not only from commercial companies but also from individuals abroad. In the last five years, the real estate sector has seen a marked boost in investments. This in turn has increased the supply of property in Dubai. In fact, both the processes are influenced by and in turn affect each other. In the coming years, this trend is expected to bring about an increased demand for purchasing residential and commercial units. One of the major consequences of this would be soaring property prices. Although many analysts expect that the supply would exceed demand in near future, this is believed to be an impending possibility only for the high income group.
The process of buying real estate in Dubai is simple and hassle free. Property in Dubai requires no national registration. Usually, one has to pay some amount as booking or reservation deposit. Then, there is a deferred payment schedule wherein the remaining payment is divided into installments spread over the construction period. Units are financed to non-UAE residents only on certain ventures. The interest rates of properties range between 6 to 9 percent and the term usually lasts for 15 years. Upon non-UAE transactions, one can even obtain freehold rights.
Space - the property hotspot OWNING a piece of outer space has, until now, been the preserve of only the most fantastical websites. You can have a star named after you for £25 or even follow the lead of Nicole Kidman and Tom Hanks and buy an acre of the moon for an economical £11.
Forest Service Trying to Sell Property Looking for a sweet home in Sweet Home? The Forest Service may have just the answer. Three houses in Sweet Home, a former logging town in Oregon's Willamette Valley, are for sale for $52,500, $69,000 and $78,000. The properties, built in the 1